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Harold Williford recently patented a new iron, Burnless. This iron allows the u
Harold Williford recently patented a new iron, Burnless. This iron allows the user to iron clothing while wearing them without causing any harm to the user. Harold would like to establish a company to manufacture, sell, and market the new product. Harold is cash-strapped and has few financial resources. He seeks your advice on which form of business he should create.
In your initial post, explain which one of the four business forms (sole proprietorship, general partnership, corporation, or limited liability company) Harold should select. Support your conclusion with the advantages of your selected business form over the other three
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